The method of itemizing of two subsidiaries of Coal India Ltd – BCCL and CMPDI – has begun, and draft papers could be filed quickly with Sebi, the corporate on Monday mentioned.
Chatting with reporters on the sidelines of CII Mining and Building Gear Summit, Coal India Ltd (CIL) Director Enterprise Growth Debasish Nanda mentioned, “We’re going to file DRHP quickly. We’re engaged on that.”
DRHP is a preliminary doc that an organization information with markets regulator Sebi for a public provide.
Nanda additional mentioned that Guide Operating Lead Supervisor (BRLM) for the IPO has simply been appointed.
The coal ministry had earlier mentioned the itemizing of each corporations – Bharat Coking Coal Ltd (BCCL) and Central Mine Planning and Design Institute (CMPDI) – will happen, however the timing will rely on market situations.
Coal India has seven coal-producing subsidiaries and one technical and consultancy firm. The corporate accounts for over 80 per cent of the home coal manufacturing.
It reported 12 per cent year-on-year rise in consolidated web revenue at ₹9,604.02 crore for the quarter ended March 2025 on the again of upper revenue. Complete revenue throughout the January-March interval rose to ₹41,761.76 crore from ₹40,457.59 crore a 12 months in the past.
Complete bills elevated to ₹29,057.30 crore from ₹28,950,41 crore earlier.
Coal manufacturing by CIL was virtually flat at 62.1 million tonnes (MT) in April as in comparison with the year-ago interval.
In 2024-25, CIL produced 781.1 MT of coal, practically seven per cent lower than the corporate’s goal for the monetary 12 months. The corporate is focusing on a manufacturing of 875 MT and offtake of 900 MT in 2025-26 fiscal 12 months.
